Course description
The movement of people in the modern era means that private client solicitors are often faced with administering estates with international aspects.
These could include liability to inheritance tax, a will under a foreign law, executors, or beneficiaries abroad and foreign estate.
These are complex areas, and this in-person full day course will arm you with the knowledge you will need to deal with the practical aspects of obtaining the grant of confirmation and dealing with the estate administration. Even more importantly, it will give you the knowledge to advise your clients accurately in connection with tax liability and compliance requirements.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
The movement of people in the modern era means that private client solicitors are often faced with administering estates with international aspects.
From the initial will instruction, the matter of domicile should be considered as this affects the validity of a will.
From there on international aspects might involve liability to inheritance tax, a will under a foreign law, executors, or beneficiaries abroad and foreign estate.
These are complex areas, and this new in-person full day course will arm you with the knowledge you will need to deal with the practical aspects of obtaining the grant of confirmation and dealing with the estate administration.
Even more importantly, it will give you the knowledge to advise your clients accurately in connection with tax liability and compliance requirements.
What You Will Learn
This course will cover the following:
- Domicile and its impact on:
- The validity of wills
- Succession to an estate
- Administration of an estate
- Inheritance tax
- A look at recent domicile cases and their commentary
- The European Succession Regulation
- Practicalities including:
- Dealing with a foreign domicile in the Scottish Confirmation process and the paperwork required
- Wills under foreign law
- IHT400
- Paying to foreign beneficiaries
- Double taxation
- Executors abroad
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...